Bel Fuse Inc. (NASDAQ:BELFA – Get Free Report)’s share price hit a new 52-week high during mid-day trading on Friday . The company traded as high as $127.60 and last traded at $125.25, with a volume of 19492 shares. The stock had previously closed at $119.15.
Wall Street Analyst Weigh In
Separately, Weiss Ratings reissued a “hold (c)” rating on shares of Bel Fuse in a report on Wednesday, October 8th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Bel Fuse presently has a consensus rating of “Buy” and an average price target of $115.00.
Get Our Latest Stock Report on BELFA
Bel Fuse Price Performance
Bel Fuse (NASDAQ:BELFA – Get Free Report) last posted its earnings results on Thursday, July 24th. The scientific and technical instruments company reported $1.58 earnings per share for the quarter, topping analysts’ consensus estimates of $1.15 by $0.43. The business had revenue of $168.30 million for the quarter, compared to analyst estimates of $149.60 million. Bel Fuse had a return on equity of 18.33% and a net margin of 8.59%. Bel Fuse has set its Q3 2025 guidance at EPS.
Bel Fuse Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 31st. Shareholders of record on Wednesday, October 15th will be issued a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date of this dividend is Wednesday, October 15th. Bel Fuse’s dividend payout ratio is currently 6.22%.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Gabelli Funds LLC grew its holdings in Bel Fuse by 0.3% in the 2nd quarter. Gabelli Funds LLC now owns 67,400 shares of the scientific and technical instruments company’s stock valued at $6,056,000 after buying an additional 200 shares in the last quarter. Rhumbline Advisers grew its holdings in Bel Fuse by 17.7% in the 2nd quarter. Rhumbline Advisers now owns 3,075 shares of the scientific and technical instruments company’s stock valued at $276,000 after buying an additional 462 shares in the last quarter. FNY Investment Advisers LLC acquired a new position in Bel Fuse in the 2nd quarter valued at $51,000. Tower Research Capital LLC TRC grew its holdings in Bel Fuse by 447.1% in the 2nd quarter. Tower Research Capital LLC TRC now owns 744 shares of the scientific and technical instruments company’s stock valued at $67,000 after buying an additional 608 shares in the last quarter. Finally, Cynosure Group LLC grew its holdings in Bel Fuse by 23.2% in the 2nd quarter. Cynosure Group LLC now owns 5,302 shares of the scientific and technical instruments company’s stock valued at $476,000 after buying an additional 1,000 shares in the last quarter. 6.01% of the stock is owned by institutional investors and hedge funds.
About Bel Fuse
Bel Fuse Inc designs, manufactures, markets, and sells products that power, protect, and connect electronic circuits. The company's products are used in the networking, telecommunications, computing, general industrial, high-speed data transmission, military, commercial aerospace, transportation, and e-Mobility industries.
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